17/11/2022

Business

Salvadoran president vows to buy "one #Bitcoin every day'

President Nayib Bukele of El Salvador, the first country to make bitcoin legal tender, said Thursday the nation would buy one unit of the currency every day, doubling down in the face of public criticism of his embrace of ...

Business

Alibaba posts loss, slower revenue amid lower consumption

Chinese e-commerce company Alibaba Group on Thursday posted net losses and missed market expectations for revenue in its quarter ended September amid a slowing economy and depressed consumer sentiment.

Business

FTX had 'complete failure' of controls, new CEO says

Collapsed cryptocurrency exchange FTX suffered a "complete failure of corporate controls" under founder Sam Bankman-Fried, the company's new chief executive said Thursday, calling the situation "unprecedented."

Energy & Green Tech

Renewable hydrogen economy outlook in Africa

Global leaders at COP27 are discussing how best to mitigate greenhouse gas emissions and maintain global warming below 2°C to avoid catastrophic climate change.

Business

What's the business potential of the metaverse?

Robert Brunner is the associate dean for innovation and chief disruption officer at the Gies College of Business at the University of Illinois Urbana-Champaign. Brunner spoke with News Bureau business and law editor Phil ...

page 2 from 3